A new research study from “Data Bridge Market Research”
with title Glass Fiber-reinforced Plastics (GFRP) Market Insights 2019,
Global Analysis and Forecast to 2026
provides an in-depth assessment of the Women’s Health including key market
trends, upcoming technologies, industry drivers, challenges, regulatory
policies, key players company profiles and strategies. Key players profiled in
this report are: Owens Corning, JEC Group, PPG Industries, Inc., Johns
Manville, Saint-Gobain, AGY, Nippon Sheet Glass Co., Ltd, ASAHI FIBER GLASS
Co., Ltd., Braj Binani Group, BGF Industries, Inc., Nitto Boseki Co., Ltd, PFG
FIBER GLASS CORPORATION, Celanese Corporation, SAERTEX GmbH & Co. KG,
Reliance Industries Limited, Denka Company Limited, RTP Company, Reinforced
Plastic Industries, Aeron Composite Pvt. Ltd, FIBREX and others.
Global
glass fiber-reinforced plastics (GFRP) market is expected to rise from its
initial estimated value by registering a substantial CAGR of 6.70% in the
forecast period of 2019-2026. Rising installation of wind energy capacity is
the major factor for the growth of this market.
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Segmentation: Global
Glass Fiber-reinforced Plastics (GFRP) Market
Global Glass Fiber-reinforced Plastics (GFRP) Market By Resin Type (Polyester, Vinyl Ester,
Epoxy, Polyurethane, Thermoplastic, Others)
End- User (Wind
Energy, Electrical & Electronics, Transportation, Pipes & Tanks,
Construction & Infrastructure, Marine, Aerospace & Defense, Other
End-Use Industries)
Manufacturing Process
(Compression & Injection Molding Process, Layup, Filament Winding,
Pultrusion, Resin Transfer Molding (RTM), Other Manufacturing Processes)
Process (Manual,
Continuous, Compression Molding, Injection Molding)
Form (Rebar,
Powder, Sheet, Panel, Rolls, Others)
Geography (North
America, South America, Europe, Asia-Pacific, Middle East and Africa) –
Industry Trends and Forecast to 2026
Market Drivers:
·
Rising construction activities in developing
countries is driving the growth of this market
·
Increasing demand of GFRP in transportation
industry is another factor driving the market growth
·
Growing number of wind energy capacity
installations will drive the market growth
·
Rising usage of
GFRP composite pipes in sewage & water management will also
accelerate the growth of the market
Market Restraints:
·
High production cost is restraining the growth
of this market
·
Increasing recyclability issue is another factor
restraining the market growth
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Key Developments in
the Market:
·
In February 2019, SABIC announced the launch of
their Stamax Stadeck which is specially designed for building and construction
market. They are lighter than the wooden planks and have high durability. They
are constructed in such a way that these panels can stay outdoors for long
periods without rotting or corroding. They are very suitable for fencing,
sheathing, decking, wheel chair ramps among others
·
In July 2017, Owens Corning Infrastructure
Solutions announced that they have acquired Aslan FRP. This acquisition will
help the company to expand themselves globally and to add new products and
solutions through which they can upgrade the performance of concrete
structures. It is lighter-weight and is more corrosion-resistant than
conventional steel reinforcements
Competitive Analysis:
Global glass fiber-reinforced plastics (GFRP) market is
highly fragmented and the major players have used various strategies such as
new product launches, expansions, agreements, joint ventures, partnerships,
acquisitions, and others to increase their footprints in this market. The
report includes market shares of glass fiber-reinforced plastics (GFRP) market
for Global, Europe, North America, Asia-Pacific, South America and Middle East
& Africa.
Some of the key questions
answered in this report:
·
Detailed Overview of Global glass
fiber-reinforced plastics (GFRP) market helps deliver clients and businesses
making strategies.
·
Influential factors that are thriving demand and
constraints in the market.
·
What is the market concentration? Is it
fragmented or highly concentrated?
·
What trends, challenges and barriers will impact
the development and sizing of Global glass fiber-reinforced plastics (GFRP)
market?
·
SWOT Analysis of each key players mentioned
along with its company profile with the help of Porter’s five forces tool
mechanism to compliment the same.
·
What growth momentum or acceleration market
carries during the forecast period?
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About Us:
Data Bridge Market Research set forth itself as an unconventional and neoteric
Market research and consulting firm with unparalleled level of resilience and
integrated approaches. We are determined to unearth the best market
opportunities and foster efficient information for your business to thrive in
the market. Data Bridge Market Research provides appropriate solutions to the
complex business challenges and initiates an effortless decision-making
process.
Contact:
Data Bridge Market Research
Tel: +1-888-387-2818
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